LON/BT.A (LON/BT.A)

London Stock Exchange: LON/BT.A · GBX

GBX 213

-0.90 (-0.4%)· Recorded snapshot

Market cap	20.9B
Revenue (ttm)	19.7B
Net income (ttm)	1.1B
EPS (ttm)	GBX 0.11
Shares out	9.9B
P/E (trailing)	19.7x
P/E (forward)	11.6x
Dividend	GBX 0.08 (3.92%)
Volume	9,648,082
Beta	0.43

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 19.7B
Net income (ttm): 1.1B
EPS (ttm): GBX 0.11
P/E (trailing): 19.7x
P/E (forward): 11.6x
Market cap: 20.9B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E11.6

P25 n/aP50 n/aP75 n/a

Trailing P/E19.7

P25 n/aP50 n/aP75 n/a

ROE8.5

P25 n/aP50 n/aP75 n/a

ROIC7.2

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All LON/BT.A indicators

Market & fundamental data

Available fields

262

Groups with data

Currency

GBP

Showing 262 of 262 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	GBP
Country	United Kingdom
Country code	UK
Earnings date	2026-11-05
Employees	77,200
Employees change	-8,100
Employees growth	-9.5%
Enterprise value	GBX 41.6B
Exchange	London Stock Exchange
Financial currency	GBP
Financial report date	2026-03-31
First seen	2026-05-10
Fiscal year end	March
Founded	1846
Industry	Telecom Services
Is primary listing	Yes
ISIN number	GB0030913577
Last earnings date	2026-07-23
Last refreshed	2026-10-28
Market cap	GBX 20.9B
Next earnings date	2026-11-05
Price	GBX 212.50
Price currency	GBX
Sector	Communication Services
SIC code	4813
Stock price date	2026-10-28
Symbol	lon/BT.A
Website	https://www.bt.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	11.81x
Average P/E ratio (10Y)	12.52x
Average P/E ratio (3Y)	14.64x
Average P/E ratio (5Y)	13.55x
Earnings yield	5.08%
EV/Earnings	38.67x
EV/EBIT	13.96x
EV/EBITDA	6.01x
EV/FCF	22.38x
EV/Sales	2.12x
FCF / EV yield	4.47%
FCF yield	8.85%
Forward P/E	11.65x
Graham number	176.023
Graham upside	-17.17%
Industry forward P/E	13.24x
Industry P/E	54.89x
Lynch fair value	GBX 54.00
Lynch upside	-74.59%
P/B ratio	1.67x
P/E ratio	19.68x
P/FCF ratio	11.3x
P/OCF ratio	2.99x
P/S ratio	1.07x
PEG ratio	5x
Price / tangible book value	35.28x
Price/EBITDA ratio	3.22x
Sector forward P/E	12.61x
Sector P/E	55.35x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	16.25%
EBITDA margin	33.21%
Effective tax rate	25%
FCF margin	9.47%
Gross margin	47.15%
Operating margin	16.25%
Pretax margin	7.31%
Profit margin	5.48%
Profit per employee	GBX 13,951
Profitable quarters	68
Profitable years	17
Revenue per employee	GBX 254,585
ROA	3.95%
ROA (5Y)	3.86%
ROCE	7.68%
ROE	8.46%
ROE (5Y)	9.06%
ROIC	7.22%
ROIC (5Y)	7.38%
Tax / revenue	1.83%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	1.89%
EPS growth (Q)	40.05%
EPS growth (QoQ)	-36.09%
EPS growth 10Y	-9.15%
EPS growth 3Y	-17.02%
EPS growth 5Y	-5.85%
EPS growth years	0
FCF growth	-9.31%
FCF growth (Q)	11.95%
FCF growth (QoQ)	863.43%
FCF growth 3Y	9.51%
FCF growth 5Y	11.91%
Gross profit growth	-2.82%
Gross profit growth (Q)	-3.05%
Gross profit growth 3Y	-0.7%
Gross profit growth 5Y	1.89%
Net income growth	2.18%
Net income growth (Q)	42.48%
Net income growth (QoQ)	-34.56%
Net income growth 3Y	-17.31%
Net income growth 5Y	-6.06%
Net income growth years	2
OCF growth	0.59%
OCF growth (Q)	7.16%
OCF growth (QoQ)	54.25%
OCF growth 10Y	3.16%
OCF growth 3Y	1.49%
OCF growth 5Y	3.35%
Operating income growth	2.47%
Operating income growth (Q)	8.36%
Operating income growth 3Y	0.04%
Operating income growth 5Y	1.19%
Revenue growth	-3.46%
Revenue growth (Q)	-3.88%
Revenue growth (QoQ)	0.35%
Revenue growth 10Y	0.33%
Revenue growth 3Y	-1.68%
Revenue growth 5Y	-1.62%
Revenue growth quarters	3
Revenue growth years	0

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	GBX -5.2B
Depreciation and amortization	GBX 3.3B
EBIT	GBX 3.2B
EBITDA	GBX 6.5B
EPS	GBX 0.11
FCF per share	GBX 0.19
Financing cash flow	GBX -3.1B
Free cash flow	GBX 1.9B
Gross profit	GBX 9.3B
Income taxes	GBX 359M
Investing cash flow	GBX -3.8B
Net borrowing	GBX -1.2B
Net cash flow	GBX 142M
Net income	GBX 1.1B
Operating income	GBX 3.2B
Revenue	GBX 19.7B

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	1.14
Book value per share	GBX 1.28
Debt / EBITDA	3.18
Debt / equity	1.81
Debt / FCF	12.21
Goodwill	GBX 7.3B
Interest coverage	3.16
Long-term assets	GBX 42.9B
Long-term liabilities	GBX 29B
Net cash (debt)	GBX -20.6B
Net cash / market cap	-98.06%
Net debt / EBITDA	3.16
Net debt / equity	1.64
Net debt / FCF	11.08
Piotroski F-Score	6
Property, plant and equipment	GBX 27.7B
Shareholders' equity	GBX 12.6B
Tangible book value	GBX 596M
Tangible book value per share	GBX 0.06
Total assets	GBX 50B
Total cash	GBX 2.1B
Total debt	GBX 22.7B
Total liabilities	GBX 37.4B
WACC	4.92%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.39
Current assets	GBX 7.1B
Current liabilities	GBX 8.4B
Current ratio	0.85
Inventory turnover	29.81
Net working capital	GBX -2.2B
Quick ratio	0.62
Working capital	GBX -1.3B
Working capital turnover	-12.26

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	0.21%
Dividend growth	1.96%
Dividend growth (10Y)	-5.07%
Dividend growth (3Y)	2.62%
Dividend growth (5Y)	29.21%
Dividend growth years	2
Dividend payment date	2026-09-09
Dividend payment years	6
Dividend payout frequency	Semi-Annual
Dividend per share	GBX 0.08
Dividend yield	3.92%
Ex-dividend date	2026-08-06
FCF payout ratio	44.05%
Last dividend	GBX 0.06
Payout ratio	74.93%
Shareholder yield	4.13%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	-43.98%
10Y return CAGR	-1.03%
10Y total return	-9.85%
150-day SMA	GBX 205.27
15Y price change	11.73%
15Y return CAGR	5.11%
15Y total return	111.31%
1D price change	-0.42%
1M price change	8.12%
1M total return	8.12%
1W price change	2.51%
1W total return	2.51%
1Y price change	13.76%
1Y return CAGR	18.8%
1Y total return	18.78%
20-day SMA	GBX 203.05
200-day SMA	GBX 204.54
20Y price change	-24.38%
20Y return CAGR	3.18%
20Y total return	87.04%
3M price change	6.84%
3M total return	10.08%
3Y price change	91.96%
3Y return CAGR	30.6%
3Y total return	122.78%
50-day SMA	GBX 201.70
50-day SMA vs 200-day SMA	50under200
52-week high	GBX 242.10
52-week high date	2026-05-13
52-week low	GBX 173.00
52-week low date	2025-11-25
5Y price change	49.65%
5Y return CAGR	14.25%
5Y total return	94.61%
6M price change	-2.43%
6M total return	0.52%
All-time high	GBX 1,513.00
All-time high date	1999-12-30
All-time low	GBX 70.20
All-time low date	2009-03-12
Average true range (ATR)	GBX 4.62
Average volume	16.8M
Beta (1Y)	0.39
Beta (2Y)	0.43
Beta (5Y)	0.43
Change from 52-week high	-12.23%
Change from 52-week low	22.83%
Change from all-time high	-85.96%
Change from all-time low	202.71%
Change from open	0.62%
Day's gap	-1.03%
Dollar volume	GBX 2.1B
High price	GBX 214.40
Low price	GBX 208.30
Monthly RSI	59.35
Open price	GBX 211.20
Position in 52-week range	68.85%
Previous close	GBX 213.40
Price vs 150-day SMA	3.52%
Price vs 20-day SMA	4.65%
Price vs 200-day SMA	3.89%
Price vs 50-day SMA	5.36%
Relative volume	0.59
RSI	63.6
Sharpe ratio	0.69
Sharpe ratio (3Y)	0.94
Sharpe ratio (5Y)	0.48
Sortino ratio	1.24
Sortino ratio (3Y)	1.76
Sortino ratio (5Y)	0.92
Volume	9.6M
Weekly RSI	58.06
YTD price change	15.43%
YTD total return	18.93%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	5.1B
Shares change (QoQ)	1.53%
Shares change (YoY)	-0.21%
Shares held by insiders	0.06%
Shares held by institutions	37.94%
Shares outstanding	9.9B

Deeper analysis on LON/BT.A

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

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Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this LON/BT.A report

Is a complete LON/BT.A research report available?

No complete published report is available for lon/BT.A (LON/BT.A) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

LON/BT.A (LON/BT.A)

Price

Financial snapshot

Fair-value bridge

Latest news · LON/BT.A

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All LON/BT.A indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on LON/BT.A

Frequently asked questions